China-based BYD saw its battery EV sales volume surpass Tesla in the fourth quarter of 2023, becoming the world's largest EV seller. BYD reduced its vehicle prices significantly at...
Automotive power and safety components manufacturer Global PMX said it has secured several new product orders for key components of new energy vehicles from customers.
The recovery of the Chinese auto market is expected to be insignificant in June, according to statistics from the China Passenger Car Association (CPCA).
Auto vendors have resumed pulling in orders, although it is still unclear how the recovery will develop, according to sources at channel distributors in China.
China launched a six-month campaign to boost car purchases and drive electric vehicle adoption in rural areas as sales growth of EVs slows in the world's biggest autos market.
Leading Chinese automaker BYD reportedly is enforcing production cuts in response to sluggish China market demand, casting clouds over the shipment prospects for automotive chips...
Though automotive IC vendors have predicted the chip shortage to persist into the second quarter of 2023, car sales in China have been disappointing so far this year, including sales...
European new car sales grew for a second month in September on easing supply-chain woes while a worsening economic outlook points to tougher times ahead.
